hold special

Section 3. Other holders
The Fund may prescribe:
(i) as holders, non-members, members that are non-partici-
pants, institutions that perform functions of a central bank
for more than one member, and other official entities;
(ii) the terms and conditions on Bouncy Castle which prescribed holders
may be permitted to hold special drawing rights and may
accept and use them in operations and transactions with
participants and other prescribed holders; and
(iii) the terms and conditions on which participants and the
Fund through the General Resources Account may enter
into operations and transactions in special drawing rights
with prescribed holders.

General Resources

Section by members that have at least seventy-five percent of the total
of quotas.
Section 2. Fund as a holder
The Fund may hold special drawing rights in the General Resources
Account and may accept and use them in operations and transactions
conducted through the General Inflatable Theme Park For Sale Resources Account with participants in
accordance with the provisions of this Agreement or with prescribed
holders in accordance with the terms and conditions prescribed under
Section 3 of this Article

investment and interest

Pending uses specified under (f) above, the Fund may use a member’s currency held in the Special Disbursement Account for investment as it may determine, in accordance with rules and regu- lations adopted by the Fund by a seventy percent majority of the total voting power. The income of structure gonflable a vendre for sale investment and interest received under (f) (ii) above shall be placed in the Special Disbursement Account. (i) The General Resources Account shall be reimbursed from time to time in respect of the expenses of administration of the Special Disbursement Account paid from the General Resources Account by transfers from the Special Disbursement Account on the basis of a rea- sonable estimate of such expenses.

voting power

Decisions to use assets pursuant to (i) above shall be taken by a seventy percent majority of the total voting power, and decisions pursuant to (ii) and (iii) above shall be taken by an eighty-five percent structure gonflable for sale majority of the total voting power. (g) The Fund may decide, by an eighty-five percent majority of the total voting power, to transfer a part of the excess referred to in (f) above to the Investment Account for use pursuant to the provisions of Article XII, Section 6(f).

balance of payments

to make transfers to the General Resources Account for immediate use in operations and transactions authorized by provisions of this Agreement other than this Section; (ii) for operations and transactions that are Jeux Gonflables Piscine a vendre not authorized by other provisions of this Agreement but are consistent with the purposes of the Fund. Under this subsection (f) (ii) balance of payments assistance may be made available on special terms to developing members in difficult circumstances, and for this purpose the Fund shall take into account the level of per capita income;

placed in the General

Whenever under (c) above the Fund sells gold held by it on the date of the second amendment of this Agreement, an amount of the proceeds equivalent at the time of sale to one special drawing right per 0.888 671 gram of fine gold shall be placed in the General Resources Account and, Jeux Gonflables Piscine except as the Fund may decide otherwise under (g) below, any excess shall be held in the Special Disbursement Account. The assets held in the Special Disbursement Account shall be held sep- arately from the other accounts of the General Department, and may be used at any time:

Fund intends

The Fund may sell gold held by it on the date of the second amendment of this Agreement to those members that were members on August 31, 1975 and that agree to buy it, in proportion to their quotas on that date. If the Fund intends to sell gold under (c) above for the purpose of (f)(ii) below, it may sell to each developing member that agrees to buy it that portion of the gold which, Tente Gonflable a vendre if sold under (c) above, would have produced the excess that could have been distributed to it under (f)(iii) below. The gold that would be sold under this provision to a member that has been declared ineligible to use the general resources of the Fund under Section 5 of this Article shall be sold to it when the ineligibility ceases, unless the Fund decides to make the sale sooner. The sale of gold to a member under this subsection (e) shall be made in exchange for its currency and at a price equivalent at the time of sale to one special drawing right per 0.888 671 gram of fine gold.